Accountancy, asked by Atal1370, 2 months ago

What is a good return on equity?

Answers

Answered by umasahu871999
0

Explanation:

Usage. ROE is especially used for comparing the performance of companies in the same industry. As with return on capital, a ROE is a measure of management's ability to generate income from the equity available to it. ROEs of 15–20% are generally considered good.

Similar questions